DEFINITION of 'Dalian Commodities Exchange'
A commodities exchange located in Dalian, China. The Dalian Commodities Exchange trades futures contracts on soybeans and soybean oil, corn, palm oil, soymeal and LLDPE (a petroleum product). The exchange is ranked as the second-largest trader of agricultural futures in the world.
BREAKING DOWN 'Dalian Commodities Exchange'
The Dalian Exchange was established on February 28, 1993, and has the deepest pool of liquidity of any commodities exchange in China. It is a non-profit, self-regulating entity with about 200 members and over 160,000 investors. It also has the largest volume of any commodities exchange in China.